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US Targets Houthis with Fresh Sanctions Action
YEMEN AND UNITED ARAB EMIRATES, JUL 22 – The sanctions block property and transactions of two individuals and five entities linked to the Iran-backed Houthis, disrupting a petroleum network generating hundreds of millions annually, the U.S. Treasury said.
- In fresh action, the United States imposed sanctions on a Houthi-linked petroleum smuggling network across Yemen and the United Arab Emirates, targeting Iran-backed militants.
- Last Tuesday, the Office of Foreign Assets Control targeted a network of entities involved in Houthi petroleum smuggling and money laundering, building on measures over the past year.
- In Sana'a, Al-Saida Stone for Trading and Agencies made suspicious bulk coal purchases totaling about six million euros, Treasury said, while three companies coordinated delivery of roughly $12 million in Iranian petroleum products to the Houthis.
- Under OFAC rules, assets of the Houthi-linked network are blocked, and U.S. persons must report them; Faulkender said, 'These networks of shady businesses underpin the Houthis' terrorist machine and Treasury will use all tools at its disposal to disrupt these schemes.'
- Recently, Treasury officials revealed that as of June 2025, Iranian-affiliated companies facilitated payments to Houthi-affiliated oil companies, fueling regional destabilization.
31 Articles
31 Articles
News24 | US hits Yemen Houthis with new sanctions over ‘shady businesses’ smuggling oil
The US imposed sanctions on what it said was a Houthi-linked petroleum smuggling and sanctions evasion network across Yemen and the UAE in fresh action targeting the Iran-backed militant group.
US cracks down on Houthi-linked companies in Yemen and UAE
US sanctions key individuals and companies tied to a Houthi petroleum smuggling network across Yemen and the UAE, accusing them of laundering funds and importing Iranian oil to support the group's operations in the Red Sea and beyond.
Treasury Department Targets Oil Profiteers with Sanctions in Terror Financing Case
The U.S. Treasury Department has sanctioned two businessmen and five companies tied to a petroleum smuggling network that supports Yemen’s Houthi militants. Officials say the sanctions are part of a broader effort to disrupt the financial pipeline fueling the group’s terrorist activities. Key Facts: The Treasury Department issued sanctions on Tuesday against two individuals and five companies. The entities are based in Yemen and the United Arab…
US targets Houthis with fresh sanctions
WASHINGTON: The US on Tuesday imposed sanctions on what it said was a Houthi-linked petroleum smuggling and sanctions evasion network across Yemen in fresh action targeting the militant group. The US Treasury Department in a statement said the two individuals and five entities sanctioned were among the most significant importers of petroleum products and money launderers that
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